Marine Signaling Devices Market Report 2025

The marine signaling devices market size has grown strongly in recent years. It will grow from $1.56 billion in 2024 to $1.65 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historical period can be attributed to heightened maritime safety concerns, expansion in global trade volume, increased offshore oil exploration activities, a rise in the number of ports, and higher rates of boating accidents.

The marine signaling devices market size is expected to see strong growth in the next few years. It will grow to $2.09 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The projected growth in the forecast period can be attributed to stricter industrial safety regulations, increasing demand for automation, heightened concerns about mining safety, the expansion of smart city initiatives, and growth in oil and gas exploration. Key trends expected during this time include advancements in satellite-based signaling, the development of more compact distress devices, integration with GPS navigation systems, technologies enabling remote activation, and improvements in battery efficiency.

The growth of international marine trade is expected to boost the marine signaling devices market in the coming years. International marine trade involves the exchange of goods and services across countries using sea transportation and plays a crucial role in global commerce. This trade is increasing due to rising demand from emerging markets, where rapid industrialization and expanding consumer bases drive higher import and export activities through maritime routes. Marine signaling devices are vital in marine trade, as they improve safety and communication at sea by helping vessels navigate congested shipping lanes, prevent collisions, and adhere to international maritime regulations. For example, in June 2025, the U.S. Bureau of Economic Analysis reported that the marine economy contributed $511 billion to the U.S. GDP in 2023, accounting for 1.8% of the nation’s current-dollar GDP, up from $482.4 billion in 2022. Therefore, the increasing volume of international marine trade is propelling the marine signaling devices market.

Leading companies in the marine signaling devices market are focusing on innovative products such as compact man overboard (MOB) devices to improve safety and operational efficiency during maritime emergencies. A compact MOB device is a small, portable safety instrument equipped with features like GPS tracking and automatic alerts to assist in locating and rescuing individuals who fall overboard. For instance, in November 2024, Ocean Signal, a UK-based communications equipment firm, launched the rescueME MOB2. This compact, Class-M-approved device is designed for fast and dependable emergency response at sea. The MOB2 combines AIS (Automatic Identification System) and VHF DSC (Digital Selective Calling) technologies to transmit the exact position of a person overboard within seconds, alerting the vessel and nearby boats. It also includes automatic activation when a life jacket inflates, dual white and infrared strobe lights for enhanced visibility, waterproof design, and NFC smartphone connectivity for easy programming and status monitoring.

In July 2022, Safran S.A., a France-based aerospace, defense, and security company, acquired Orolia SA for an undisclosed amount. Through this acquisition, Safran aims to expand its portfolio in resilient positioning, navigation, and timing (PNT) solutions by integrating Orolia’s advanced technologies and strengthening its offerings for key industries. Orolia SA, based in France, specializes in resilient PNT solutions, including marine signaling devices.

Major players in the marine signaling devices market are Siemens AG, Schneider Electric SE, ABB Ltd., Eaton Corporation plc, Emerson Electric Co., Rockwell Automation Inc., Hella Marine Division, Wärtsilä Corporation, AquaSpec Limited, R. Stahl AG, Osculati S.r.l., Orion Safety Products, Jotron AS, Perko Inc., Spinlock Ltd., Kahlenberg Industries Inc., Ocean Signal Ltd., Mobilis SAS, Kama Industries (Pty) Ltd., Schmitt & Ongaro Marine Products LLC.

North America was the largest region in the marine signaling devices market in 2024. The regions covered in marine signaling devices report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the marine signaling devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

Marine signaling devices are instruments and systems employed on ships and boats to transmit vital information via visual, audible, or electronic signals. These devices play a crucial role in maritime safety by enabling vessels to communicate distress signals, navigation intentions, or warnings to other ships and coastal authorities.

The primary categories of marine signaling devices include visual and audible types. Visual marine signaling devices communicate warnings or information at sea through visual signals such as lights, flares, or flags. These devices are utilized across various applications including boats, cargo ships, passenger vessels, and more, and serve a wide range of end users such as government agencies, private shipping companies, maritime safety organizations, individual boat owners, and maritime training centers.

The marine signaling devices market research report is one of a series of new reports that provides marine signaling devices market statistics, including marine signaling devices industry global market size, regional shares, competitors with a marine signaling devices market share, detailed marine signaling devices market segments, market trends and opportunities, and any further data you may need to thrive in the marine signaling devices industry. The marine signaling devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The marine signaling devices market consists of sales of electronic devices, navigation aids, and laser signaling devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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